Practical aspects of technical analysis at the Forex market
Journal of European Economy, Volume 5, Issue 3, September 2006, pp.317-327
|JEL: A10, C00||Full text (PDF)|
This article is devoted to investigation of actual problems of using technical analysis at the Forex market. Basic attention is paid to practical aspects of the analysis. This problem is not fully studied; therefore, the existing methods require systematization, while new opportunities for instrument combinations must be researched. The author offers a new classification of technical methods, which includes a synergetic approach as one of the forecasting instruments, selects the most effective methods for every pair, and suggests a way of using the synergetic approach together with classical methods.